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Sage Social Science Thesaurus

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social science subjects > economics > economic concepts > economic union > customs union
... > social science subjects > economics > economic concepts > international trade > economic union > customs union
... > contexts > population characteristics > socioeconomic factors > poverty > economics of poverty > international trade > economic union > customs union
... > social science subjects > business and management > international business > international trade > economic union > customs union
... > social science subjects > politics and international relations > international relations > international trade > economic union > customs union
... > social science subjects > criminology and criminal justice > criminology > law and society > law and political science > international trade > economic union > customs union
... > social science subjects > politics and international relations > political science > law and courts > law and society > law and political science > international trade > economic union > customs union
... > social science subjects > economics > economic concepts > regional economic integration > economic union > customs union
social science subjects > economics > economic concepts > regional economic integration > customs union

Preferred term

customs union  

Definition

  • A customs union is a treaty signed between two or more countries to promote trade between participants. The countries in the customs union establish a common free trade market with each other while simultaneously maintaining a common trade barrier for foreign goods. [Source: Encyclopedia of Business in Today's World; Customs Union]

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https://concepts.sagepub.com/social-science/concept/customs_union

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